Cabot Wealth Management Inc. Boosts Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Cabot Wealth Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 248.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,928 shares of the company’s stock after acquiring an additional 12,787 shares during the period. Cabot Wealth Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $500,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% in the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock worth $448,000 after purchasing an additional 11,980 shares during the last quarter. HighMark Wealth Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 300.2% in the 4th quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock worth $57,000 after buying an additional 1,534 shares during the last quarter. Summit Wealth & Retirement Planning Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 292.7% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after acquiring an additional 1,142,247 shares during the period. Burney Co. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 117.9% during the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after acquiring an additional 6,313 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 363.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 421,641 shares of the company’s stock valued at $11,751,000 after acquiring an additional 330,686 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.5 %

SCHG opened at $28.01 on Friday. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The firm has a 50 day moving average price of $28.44 and a 200-day moving average price of $27.02. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month high of $29.14.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.